RESEARCH ARTICLE
Evaluation of Cost Management Controlling System in Petroleum Enterprise
Dan Guo*, Changqing Zhang
College of Accountant, Heilongjiang
Bayi Agricultural University, Daqing, Heilongjiang, 163319, P.R.
China.
Article Information
Identifiers and Pagination:
Year: 2015Volume: 8
First Page: 358
Last Page: 362
Publisher Id: TOPEJ-8-358
DOI: 10.2174/1874834101508010358
Article History:
Received Date: 10/4/2015Revision Received Date: 20/5/2015
Acceptance Date: 15/6/2015
Electronic publication date: 19/8/2015
Collection year: 2015
© 2015 Guo et al.;
open-access license: This is an open access article distributed under the terms of the Creative Commons Attribution 4.0 International Public License (CC-BY 4.0), a copy of which is available at: https://creativecommons.org/licenses/by/4.0/legalcode. This license permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
open-access license: This is an open access article distributed under the terms of the Creative Commons Attribution 4.0 International Public License (CC-BY 4.0), a copy of which is available at: https://creativecommons.org/licenses/by/4.0/legalcode. This license permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Abstract
In this paper, a model of cost management controlling system was established for implementation and supervision of strategic management in petroleum enterprise. Using this model, various controlling methods are divided into five grades under different strategies. Each grade is assigned a value by the expert scoring method, and the scores of cost management controlling system could be calculated. If the score is greater than zero, the cost management controlling system will have a positive effect on strategy; if the score is less than zero, it will have a negative effect on strategy. With the method proposed, the cost management evaluation of the fourth oil recovery company of Daqing Oilfield was carried out and the results were reasonable.
Keywords: Cost, Cost avoidance, Cost control, Cost management, Evaluation.
